Finance Reform
With a congressional battle brewing over what is being touted as the biggest attempt at financial regulatory reform since the Great Depression, most...
Economy
Jobs Up, Unemployment Rate Up
The Labor Department’s Bureau of Labor Statistics announced good and bad economic news on May 7: The economy added 290,000 jobs in April...
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Senate Financial Reform Bill: More Bailouts & Fed Power
Senate Democrats beat back a Republican alternative amendment to Connecticut Democrat Christopher Dodd's Restoring American Financial Stability Act of 2010 (S. 3217) and...
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Manipulation of Precious-metals Market Under Fire
The banking cartel’s manipulation of supposedly “free” markets is coming under increasing fire as a broad coalition of activists, legislators, and non-profit groups...
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CEI Files Complaint Against Deceptive GM Ad
The Competitive Enterprise Institute filed a complaint with the Federal Trade Commission on May 4, saying that General Motors is misleadingly claiming in...
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Newspaper Circulation Continues Decline
Newspapers are dying. That is the message from the latest Audit Bureau of Circulations, an independent firm that checks the average circulation of...
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Global Bank Tax Will Be Subject of June G-20 Summit
The International Monetary Fund proposed a draft of two global taxes — a bank tax, and a “FAT” tax against what politicians deem...
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Finance ‘Regulatory Reform’ Would Extend to Main Street
"Congress is to be applauded for tackling financial regulatory reform," wrote U.S. Chamber of Commerce president Thomas J. Donahue in an op-ed piece...
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“Orderly Liquidation” Awaits Financial Firms
Some of the opponents of the recently enacted health care legislation may have been premature with their warnings about "death panels." A death...
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Govt Turns on Goldman Sachs, One of Its Kept Financials
The Securities and Exchange Commission filed a lawsuit April 16 against New York-based investment bank Goldman Sachs. The SEC alleges that Goldman committed...
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Making a Disaster National: Massachusetts’ Romney-care v. Obama-care
With all the alarm by Republicans on the “right” over Obama-care, Americans should take a closer look at Massachusetts' health care legislation. The...
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Strategic Defaults: Morality vs. Reality
According to RealtyTrac, nearly 3 million foreclosures were filed in 2009. And with almost 10 percent of all mortgages now delinquent nationally, those...
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Fed Ends MBS Intervention
The Federal Reserve ended its largest intervention in the housing market on April 1, ceasing its purchase of Mortgage-Backed Securities (MBS) that began...
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Real Unemployment Still in 17 Percent Range
According to the U.S. Labor Department, the economy added 162,000 jobs in March, the most since the beginning of the worst recession since...
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Geithner: Jobless Rate to Stay “Unacceptably High”
Voice of America on April 1 quoted U.S. Treasury Secretary Timothy Geithner’s statement that the U.S. jobless rate will be "unacceptably high" for...
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